SaskWater Tables 2015-16 Annual Report

July 13, 2016

SaskWater tabled its 2015-16 annual report with the Saskatchewan Legislative Assembly Clerks office today. Titled Your Partner in Water: Building Infrastructure,the annual report provides an overview of the year’s activities and delivers the Crown corporation’s financial statements. SaskWater reported a net income of $7.4 million for the 15 month period January 1, 2015, to March 31, 2016.

“SaskWater has maintained a focus on successfully growing its business and that is reflected in this report,” Minister responsible for SaskWater Herb Cox said. “They have achieved a sustainable earnings level that has allowed the corporationto pay a dividend of $1.9 million for the first time since becoming a commercial Crown corporation.”

Highlights of SaskWater’s activities in 2015-16 included:

Paying a dividend of $1.9 million to the province, the firstsince becoming a commercial Crown corporation.

Delivering 55.7 billion litres of potable and non-potable water.

Replacing five bridges on the Saskatoon Southeast Water Supply system canal.

Substantial completion of the three-year build of the Zelma East pipeline project to provide non-potable water for BHP Billiton’s Jansen mine. The pipeline is 92 km.

SaskWater is Saskatchewan’s commercial Crown water utility, helping communities, First Nations and industry gain access to reliable and professional water and wastewater services.

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Backgrounder

SaskWater tables 2015-16 annual report

The Saskatchewan Water Corporation (SaskWater) is Saskatchewan’s commercial Crown water utility, helping communities, First Nations and industry gain access to reliable and professional water and wastewater services.

SaskWater provides professional water and wastewater services to 63 communities, nine rural municipalities, 85 rural pipeline groups, 16 industrial and approximately 236 commercial and end user customers. SaskWater serves approximately 74,000 people in Saskatchewan.

Partnering with TransGas (a subsidiary of SaskEnergy), SaskWater uses a Supervisory Control and Data Acquisition (SCADA) system to remotely monitor 55 SaskWater and customer owned facilities across the province 24 hours a day, 365 days a year.